The agreement will see Gresham House funding the portfolio of grid scale assets, which will comprise sites ranging from 20MW to 50MW generation capacity. The shovel-ready sites form part of Anesco’s growing development pipeline.
All engineering, procurement and construction will be handled by Anesco, with the company also providing long term operations and maintenance once the sites are energised. The development and construction partnership will span three years.
With a value in excess £100m, it is Anesco’s largest transaction to date and will underpin significant growth in the coming years.
Gresham House plc (LON:GHE) is a London Stock Exchange quoted specialist alternative asset manager offering funds, direct investment and tailored investment solutions, including co-investment, in public equity, private assets, forestry, new energy and housing.